Increasing charcoal stock and opening up a new vending store

Grace

Nairobi, Kenya

Funds disbursed

$0 to go

100% funded of $36 goal

0

days left

Entrepreneur

Name

Grace

Member since

September 2018

On-time repayments

4 installments  •  75%

About Me

I am Grace Nyawira born and raised in Nyeri County. I was raised in a family of nine which was quite hard for as all since our parents did not have a stable income. However, I ventured into different businesses with a view to overcome these hardships. I started my first business that required a small income and fortunately it grew first. I used the profits from this business to start a coffee plantation which has also grown quite well. My hobby is interacting with people, doing business, and farming.

My Business

I sell coffee berries to a local coffee factory at my home area. these goods are in demand since there are only a few people who are growing coffee hence the reason why i chose these business. the costs that i incur include pesticide and pruning expenses. in return the income earned from the business exceeds the expenses. i use the the profits in reinvestment and also to grow the business.

Loan Proposal

upon receiving the loan, i will use it to top up some of the profits that i will have made to open up a new store for selling charcoal at a different place.

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$36.00

Date disbursed

Nov 13, 2018

Repayment status

Late

Projected term

1 week

Lenders

ibc123

Seattle, United States

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  • Grace    Nov 8, 2018

    I will greatly appreciate the loan that you will lend me as i will use it to advance my business and grow it. I will open up a new stall and add stock to my business. Thank you in advance.

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  • Grace    Oct 18, 2018

    i am very grateful for the loan i received since i used it to increase my stock. the business has improved significantly as i am now able to supply to a larger market. thank you very much.

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  • Grace    Sep 21, 2018

    The previous loan i received was very useful to my me since i used it to buy pesticides that i used in my coffee plantation and also to pay workers to prune the coffee trees. I highly appreciate the loan. Thank-you so much

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